In this interview, Brian & Darryl Panes from As Good As Gold Australia speak with Egon von Greyerz who confirms the world is running on empty.
Governments and Central Banks are panicking, having used up all their arsenal – massive money printing and hyperinflation lies ahead.
Gold at US$10,000 per ounce is just a starting point, and property values to lose 95% of their value relative to Gold. Preservation of your wealth is vital, as we enter a period of extreme volatility and uncertainty where interest rates will set records and be at their lowest levels in 5,000 years.
- Gold now starting the next leg of a massive bull market.
- Gold going from west to east – West to run out of Gold.
- Australia’s property market, is massive bubble.
- Worldwide banking crisis in the making.
- People have no savings, all destroyed by governments.
- Central banks across the globe committed to money printing.
- Bond market is biggest bubble ever, will trigger the biggest collapse the world has ever seen.
- USD is the sickest of all currencies, only supported by debt and military.
- Debt needs to implode so world can grow soundly again.
- Gold severely suppressed, will explode to very high levels.
- COMEX failure, will result in a run on physical metals.
- Don’t sell any gold or silver for a very long time.